Mixed-Use Land in Condado del Rey
A 4,265.27 m² mixed-use opportunity at Condado del Rey's main entrance
Condado del Rey, Panamá
Active
$4,000,000
USD
- 4,265.27 m²Lot area
Overview
A substantial 4,265.27 m² parcel sits beside King's Park at the main entrance to Condado del Rey. Offered at $4,000,000, it combines a prominent location with mixed commercial-residential zoning, creating room to explore a project shaped around this established Panama City area. The zoning is presented as suitable for a residential tower with commercial premises or for commercial use. The parcel fronts a busy road, and the area offers access to Vía Ricardo J. Alfaro and Corredor Norte. Its scale and stated zoning make it a site to evaluate for a larger development concept; confirm applicable planning parameters and services as part of due diligence. Condado del Rey is described as a residential area near Altos de Panamá, Sara Sotillo, and Villa Cáceres. Restaurants, supermarkets, banks, pharmacies, shops, beauty salons, schools, universities, and health centers are among the nearby conveniences. For a commercial or mixed-use development, the combination of a main-entrance setting, major-road access, and a 4,265.27 m² land area is a compelling starting point. Contact Casanova Realty to discuss the property and arrange the next steps.
In Short
The Condado del Rey parcel measures 4,265.27 m² and is offered at $4,000,000, or approximately $937.81 per m². It is beside King's Park at the area's main entrance, with access to Vía Ricardo J. Alfaro and Corredor Norte. Its stated zoning is mixed commercial-residential.
Before You Decide
- Confirm permitted density, building height, setbacks, and other municipal development requirements before preparing a project.
- Request a current survey and confirm the parcel's exact dimensions and road frontage.
- Verify utility availability and capacity for the intended commercial or mixed-use development.
- Confirm registry, title, soil, and environmental information during due diligence.
Highlights
- 4,265.27 m² of land
- Asking price: $4,000,000
- Mixed commercial-residential zoning
- Beside King's Park at Condado del Rey's main entrance
- Fronts a busy road
- Access to Vía Ricardo J. Alfaro and Corredor Norte
- Near restaurants, supermarkets, banks, pharmacies, schools, and universities
At a Glance
- Status
- Available
- Asking price
- $4,000,000
- Price per m²
- $937.81/m²
- Land area
- 4,265.27 m²
- Property type
- Land
- Zoning
- Mixed commercial-residential
- Neighborhood
- Condado del Rey
- City
- Panama City
- Listing ID
- CNV-PROP-079720
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 29 January 2025
- Last updated
- 8 October 2026
Gallery
5 photographs of this residence.
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Features & Finishes
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,000,000
- Cash to close (est.)
- $1,200,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,200,000
- Loan amount
- $2,800,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$17,240
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The parcel's stated land area is 4,265.27 m².
- The asking price equates to approximately $937.81 per m² using the stated land area.
- mixed commercial-residential zoning and access to Vía Ricardo J. Alfaro and Corredor Norte.
Value Comparison
Asking price per m², against the building, the sector and the country.
Condado del Rey average$1,885 / m²
Panama average$4,306 / m²
Investment Case
A 4,265.27 m² mixed commercial-residential site at the main entrance to Condado del Rey, offered at $4,000,000. The stated zoning supports exploring residential development with commercial premises or commercial use; confirm applicable development parameters before planning.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Confirming the permitted density, utilities, survey details, and development requirements would help assess the site's mixed-use potential.
Price History
- Listed · January 2025$4,000,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Condado del Rey
Betania, Panamá
Mixed-use land for sale in Condado del Rey
Condado del Rey, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCondado del Rey on Casanova today
- Active sale listings
- 74
- Active rentals
- 0
- Median asking price per m²
- $1,930
Getting Around
Betania, Panamá, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price for the Condado del Rey land?
The asking price is $4,000,000 USD.
How large is the property?
The land area is 4,265.27 m².
What is the zoning?
The property is described as having mixed commercial-residential zoning.
Where is the land located?
The land is at the main entrance to Condado del Rey, beside King's Park, with access to Vía Ricardo J. Alfaro and Corredor Norte.
What development uses are described for the site?
The stated mixed-use zoning is presented as suitable for a residential tower with commercial premises or for commercial use.
What zoning does the property have?
The property is described as having mixed commercial-residential zoning.
What uses are presented for the land?
The stated zoning is presented as suitable for a residential tower with commercial premises or for commercial use.
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Interested in Mixed-Use Land in Condado del Rey?
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